Help needed for Indicator

 

Hi

I am trying to learn mt4 by readfing the book here and at the same time looking at and modifying some of the custom inidcators I currently have.

Can someone kiindly point me in the right direction for this problem:

I have an indicator that defines price levels for the current day based on a percentage of the previous 5 days average ATR. However it is plotting the prices against the todays open at 00:00 whereas I want to change it so it plots them against the 07:00 am bar. Is this possible and have does that make sense?

I would like to try and work it out for myself so any pointers in the right direction would be gratefully received.

Many thanks

 

You want the ATR to be calculated on a 07:00-06:59 day instead of 00:00-23:59?

or...

You want something drawn at 07:00?

 
phy:

You want the ATR to be calculated on a 07:00-06:59 day instead of 00:00-23:59?

or...

You want something drawn at 07:00?

Thanks for the response phy,

Ideally I want to calculate the ATR based on 00:00-23:59 but then to set the trade entries for the next day based on a open at 06:00 GMT (i am GMT +1)


Many thanks

 

You can look to see what time it is:

if(TimeHour(TimeCurrent()== 6) { ... do something ...}

Reason: